Gold prices declined on Friday as the U.S. dollar powered higher after Federal Reserve Chair Jerome Powell left the door open to more interest-rate hikes later this year in his speech in Jackson Hole, Wyo.
Key Words: Nobel Prize–winning economist Robert Shiller draws link between moon landing and remote work
Shiller, a professor of economics at Yale University, predicts a ‘revolution’ by workers over remote work.
The Tell: Tech stock rally faces ‘trouble’ as tightening by central banks overshadows AI, says BofA
Stock-market bulls counting on artificial-intelligence enthusiasm to continue powering a tech-led rally may be disappointed, say BofA strategists.
Retirement Weekly: Is the future more uncertain now than ever before?
The future has always been uncertain—and always will be
The Ratings Game: 1.7 million Americans cut the cord last quarter as traditional TV continues to erode
Television viewers continued to cut the cord in droves during the latest quarter as the value proposition of traditional TV dwindled further.
: Private companies like Virgin Galactic could deliver science boost, space researcher says
Companies like Virgin Galactic could boost space research, says Moran Bercovici, a professor at the Technion – Israel Institute of Technology
The Ratings Game: Marvell’s stock sells off after company couldn’t meet Nvidia’s high bar on AI
Marvell had a tough act to follow this week, reporting the day after Nvidia delivered billions of dollars more in data-center sales than analysts had expected.
In One Chart: How the stock market’s performance under Biden is worse than under Obama or Trump — in one chart
U.S. stocks so far haven’t performed as well under President Joe Biden as they did in Donald Trump’s single term or in either of Barack Obama’s two terms.
: National Cinema Day: How to score $4 movie tickets this weekend
The average cost of a movie ticket last year was $10.53, meaning the promotion allows moviegoers to see films for less than half the regular price
Market Extra: Hot U.S. economy pushes real yields to around 15-year highs after Powell’s Jackson Hole speech
The 5-year yield on Treasury inflation-protected securities was at one of its highest levels since November 2008, according to Tradeweb data.
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